1 Bedroom Condo for sale in Kasambagan, Cebu, Cebu City, Cebu
Cebu, Philippines
Guide Price
$61,947
3,500,000 PHP
PROPERTY TYPE
condo
BEDROOMS
1
BATHROOMS
1
Description
This compact studio for sale in Grand Residences offers a cozy yet modern 22 sqm living space, fully furnished and designed for comfort. The stylish bedroom area includes a built-in wardrobe for ample storage, air conditioning, and a window that fills the room with natural light while showcasing stunning city views. The compact kitchen is efficiently designed with dark cabinetry and equipped with essential appliances such as a refrigerator, electric stove, and microwave, making it a perfect fit for those who value functionality. The bathroom is equally well-designed, with modern fixtures to ensure convenience and comfort.
Offering access to premium
amenities such as a swimming pool, fitness center, landscaped gardens, and 24/7 security, this compact studio for sale in Grand Residences is an excellent investment in the heart of Cebu City. Whether you're searching for a personal living space or looking to invest in a rental property, this unit provides both comfort and convenience. Its prime
location puts shopping, dining, and entertainment options right at your doorstep, making it a smart choice for anyone seeking urban living or a solid real estate investment.
Features:
- Fully furnished studio unit
- Built-in wardrobe and storage
- Air conditioning
- City view
- Compact kitchen with essential appliances
Grand Residences
Amenities:
- Swimming pool
- Fitness center
- Landscaped gardens
- 24/7 security
- Multi-purpose function rooms
- Children's play area
Property ID: SRBGR2
Type: Condo for Sale
Location: Grand Residences, Cebu City
Floor Area: 22 SqM
Bedroom: Studio
Bathroom: 1
Furnishing: Furnished Telephone number: View Phone
Location
Open in Google MapsLiving in Cebu
Island-hopping on weekends, karaoke as a national religion, and a Filipino hospitality so genuine that you will be adopted by your neighbor's entire extended family before your first month is over.
Visa
SRRV (Special Resident Retiree Visa) — available from age 40+. Requires $15,000-50,000 deposit depending on age and pension status. Grants indefinite stay with multiple-entry privileges. SIRV (Special Investor Resident Visa) — requires $75,000 investment in Philippine securities. No age minimum. Both offer permanent residency.
Learn more: The Complete Guide to Moving to the Philippines→Key Fact
English is an official language and widely spoken — making the Philippines the easiest Asian country for American expats to navigate daily life. Private healthcare is excellent and affordable, but infrastructure outside Manila can be underdeveloped.
Learn more: The Cheapest Cities to Live Abroad→Philippines at a glance
How Philippines scores for American expats
Cost of buying in Philippines
Estimated fees and ongoing costs for this property
Closing Costs
5-8% of purchase price
- ·Transfer tax: 0.5-0.75%
- ·Documentary stamp: 1.5%
- ·Capital gains tax: 6% (seller, but often negotiated)
- ·Registration: ~0.25%
- ·Notary: ~0.5%
Annual Costs
Property Tax
1-2% of assessed value (varies by city)
Insurance
₱5,000-15,000/yr
HOA / Condo Fees
₱3,000-10,000/mo for condos
Good to Know
Agent Fees
Seller pays (3-5%)
Foreign Buyer Note
Foreigners CANNOT own land. Can own condo units (max 40% foreign quota per building). Houses possible via long-term lease or Filipino spouse.
Legal help in Philippines
Hire your own attorney — not the seller's. We'll match you with a vetted local lawyer.
Need a local attorney in Philippines?
We'll connect you with an independent, English-speaking real estate attorney experienced with foreign buyers. Not the seller's lawyer — yours.
Contact Agent
Cebu Grand Realty
Next steps for moving to Philippines
Interested in this property? Here's how to move forward.
Understand the buying rules
Foreign ownership laws vary wildly by country. Some welcome you, others restrict or ban foreign buyers entirely.
Sort out your visa
Owning property doesn't give you the right to live there. Research residency options before you buy.
Plan your finances
Understand currency risk, international wire transfers, and whether you can get a local mortgage.
Know your tax obligations
US citizens are taxed on worldwide income. You'll need to file US taxes from abroad and may owe local taxes too.
Set up healthcare
Medicare doesn't cover you overseas. You'll need international health insurance or a local plan.
Run the full checklist
Banking, mail forwarding, power of attorney, pet import rules — the complete pre-move checklist.
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